News

USDA experts predicted that due to a decrease in corn production in 2022/23 compared to the previous season from 71 to 54.2 million tons, EU countries will increase its import to 21.5 million tons (19.8 million tons in 2021/22 and 14.5 million tons in 2020/21 MR). However, the pace of deliveries suggests that actual imports will significantly exceed forecasts.   According to the European Commission, from July 1, 2022 to January 22, 2023, the import of corn increased by almost two...

On the first day of trading after the long New Year's weekend in Malaysia, palm oil prices fell sharply, as expected, on data about reduced exports from Malaysia and Indonesia and higher inventories in India.   April palm oil futures on Bursa Malaysia tumbled 3.6% to 3,753 ringgit/t or $881/t yesterday, the biggest intraday drop in 6 weeks.   During January 1-20, compared to the same period in December, Malaysia reduced its export of palm oil by 38.5%, and Indonesia...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2500 3200 Mustard seeds 1240 Peas 4860 8050 265 ↓ 18 Buckwheat 111 Rye 195 ↓ 18 Corn...

Against the background of active soybean exports, processors in Ukraine are forced to raise purchase prices in order to purchase the required volumes, however, prices in export markets have stopped rising and have gone down amid reduced demand from importers who are expecting deliveries of the new crop from Brazil.   During the week, purchase prices for soybeans with GMOs increased by 300-500 UAH/t to 16,800-17,300 UAH/t ($460-475/t), and for soybeans without GMOs - by 500-1,000...

World barley prices are falling in line with wheat and corn prices, but demand remains low and brewers have ample supplies.   The market is in a balance of supply and demand as a strong barley harvest in Australia and France pressures prices, but they are supported by a reduced crop in Argentina, strong demand for barley in Canada and reduced production in Ukraine due to the war. Traders are wondering whether China will lower tariffs on Australian barley amid reduced supplies from...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2500 3200 170 Mustard seeds 1240 Peas 4860 8050 265 ↓ 18 Buckwheat 111 Rye 195 ↓ 18...

According to AmSpec Agri Malaysia, for January 1-20, compared to the same period in December, Malaysia reduced palm oil exports by 38.5% from 921.8 to 566.5 thousand tons, in particular, the export of crude palm olein - from 327.9 to 99 ,3 thousand tons, palm olein - from 243.4 to 206.2 thousand tons, stearin - from 72.9 to 41.6 thousand tons, crude palm kernel oil - from 36.9 to 10 thousand tons. At the same time, the export of refined palm oil grew from 54.7 to 71.5 thousand...

Abundant precipitation in the dry regions of the US wheat belt and snow in parts of Kansas and Colorado eased concerns about soil moisture deficits and provided protection for winter crops ahead of the forecast frost. In the states of Texas and Oklahoma, precipitation of 2.5-7.5 cm is expected, which will replenish soil moisture reserves after a dry autumn. Against this background, quotations on the US stock exchanges fell by 3-4%, followed by European stock exchanges, which also fell by...